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Views : 20,487
Genre: Education
Date of upload: May 17, 2024 ^^
Rating : 4.964 (5/544 LTDR)
99.09% of the users lieked the video!!
0.91% of the users dislieked the video!!
User score: 98.64- Masterpiece Video
RYD date created : 2024-06-02T00:22:56.516214Z
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Top Comments of this video!! :3
Im a teacher with a permanent contract, savings, no debt and no assets. Trust me, a recession is better. At this point of boom distortion, the only ones who benefit are those with very high levels of certain assets, very high debt and jobs in highly cyclical fields. Call me selfish, but ive had enough of those who have bambled and taken undue risk being rewarded for 15 years. The natural order of things is due for a reality check.
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I love the provide more value idea and it will eventually gain you more revenue, but meanwhile prices have rocketed beyond what people earn and the only things saving this economy are credit cards and the federal government spending trillions of dollars every 2 months aka they still printing.
This is why I think we are headed towards a very bad recession or depression because prices for the things we need now means we have to spend 11500 more a year to get if not more. And in order to earn the 11,500 a year more, you need to earn 19400 just to keep the 11500 after taxes depending on your tax bracket.
This is NOT looking good.
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This is false. There are ways to decrease prices without impacting employment.
Fuel costs for one. Get gas/diesel back to 2019 levels and all of a sudden it’s a LOT easier. Everything you touch was shipped at some point, likely multiple points. Levels of cost savings. Decrease borrowing costs. The banks we have enough damn money. They can afford to have a few quarters of less than ideal profits. The people with money and resources are demanding more and more of our lives just to maintain them. It’s unsustainable and the pendulum needs to swing back the other direction.
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@restandrelaxation4039
1 month ago
Can prices just not move for 10 years. 2004-2019 felt like such a good time to be alive.
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